Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: zorchy on October 12, 2018, 03:30:38 AM
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I think that it was really strange that in January when BTC went down all big cryptocurrency exchanges closed registration for new members and they opened it only when the price was low. Then at spring when the downtrend was broken(7000$) there were many news that cryptocurrency now will go up! But whales just made big shorts at 10 000 $and all the news said that cryptocurrency won't go up for along time and market went down to current position.
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Crypto prices are not completely manipulated by whales. But crypto prices depend on the number of requests and offers. The more market demand for Bitcoin, the higher the value of Bitcoin. And if demand decreases, then the price of Bitcoin will also weaken.
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Full control for me is impossible but they have designed with large funds from the popes and also the media FUD, this is a powerful weapon to shake the crypto value for the short and medium term
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It is easy to read tea leafs when you paint them. Bull flags, cups with handles, nice triangles, fomo triggers and panic sprinkles. All can be on display, with some saying they’re not even trying to hide it anymore.
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Well i don't think that the price is fully manipulated because the movement of cryptocurrencies price especially bitcoin's price depending on the demand and supply of costumers, and manipulation of cryptocurrencies price needs alot of money, so in my personal opinions the movement of cryptocurrencies price is not manipulated.
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The market is determined by the number of requests and offers. Usually these requests and offers will relate to positive and negative issues about the crypto world today. And for whales, I don't think that will have much effect on crypto's decline.
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We aren't sure of that because it is also possible that whales doesn't know what is going on. If I'm not mistaken last year the market was not like what is the motion in today's price. Anyway, don't give up is the right motivation to do.